Electronic Financial News

Think-tank GTRI on Sunday suggested that the government study the bilateral free trade agreement with Singapore and as part of the Asean bloc together while reviewing its trade pact with the 10-nation grouping.Singapore is a member of 10-nation Asean bloc with which India has a free trade agreement in goods since 2010. Separately, India also implemented a comprehensive free trade agreement (FTA) with Singapore in 2005.The Global Trade Research Initiative (GTRI) also suggested a similar exercise with Thailand, another member of Association of Southeast Asian Nations (Asean). India signed a limited free trade pact with Thailand in 2006.

Supreme Court has acted as a «people's court» and citizens should not be afraid of going to courts or view it as the last resort, Chief Justice of India (CJI) D Y Chandrachud said on Sunday. Justice Chandrachud said just as the Constitution allows us to resolve political differences through established democratic institutions and processes, the courts system helps in resolving many disagreements through established principles and processes.

GST, Adhar (govt services), UPI, Datacentre), high infrastructure & govt pending, developing as a manufacturing hub, and sustainable practices to renewable energy as a future source of energy. In manufacturing, it includes sectors that will substitute for and augment new exports, including electric to engineering goods.

Sam Altman was finally reinstated as the CEO of OpenAI while the board that removed him was all but let go with the exception of Quora CEO Adam D'Angelo. In a post on X (formerly Twitter), OpenAI wrote, “We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details.

online platforms offering fractional ownership of real estate assets, and such platforms will be registered under a framework for small and medium real estate investment trusts. In a statement after its quarterly board meeting, the Securities and Exchange Board of India (SEBI) also said that fresh investments by alternative investment funds would be stored electronically from Sept. 2024. SEBI chairperson Madhabi Puri Buch said investors were losing money in equity derivatives trading and it was the regulator's duty to warn them of the risks. But Buch said the rise in equity derivatives trading did not pose any systemic concerns. The surge in trading of derivatives in an historically conservative market environment emerged after stock exchanges changed some options contracts to facilitate quicker and cheaper bets and as online retail trading platforms proliferated. Buch said SEBI has told an exchange that feedback from brokers and investors was needed before allowing extension of market hours. She didn't mention the National Stock Exchange though, which had sent a proposal for evening trading sessions to SEBI. Concerns regarding SEBI's plan to allow same-day settlement of equity market trades to help retail investors were «exaggerated», Buch said. The regulator on Saturday also approved rules for index providers, and said some indices that are frequently used by market participants will come under SEBI rules.

India will likely give rise to job opportunities for mechanical, electrical and electronics engineers in the coming years, experts said. Manufacturers expected to be at the forefront of this job creation include Mercedes Benz, Bosch, Michelin, ABB, Boeing, Airbus, Renault, Volkswagen Group, Schneider Electric, John Deere, Caterpillar, Continental and Collins Aerospace, according to consultants and industry experts. Some engineering college professors said however that cutting-edge roles may not be part of this trend, besides which automation could take a toll. Several MNCs have been shipping out research, design and engineering jobs to India, marking a shift in the profile of offshored jobs from the traditional IT and shared services support to engineering and technical or product-related roles, the experts said.

Bengaluru Tech Summit 2023’, said Priyank Kharge, Karnataka’s minister for information technology, on Saturday. The summit, with the theme 'Breaking Boundaries’, will have more than 75 sessions, more than 400 speakers, 350 startups, 600 exhibitors, and 20,000 business attendees.

Apple warning them of «state-sponsored attackers trying to remotely compromise» their iPhones and alleged hacking by the government. CERT-In, which comes under Meity, had issued a show cause notice to Apple in this regard.

In a historic moment for the Indian Air Force (IAF) Prime Minister Narendra Modi became the first Prime Minister to fly the indigenous Light Combat Aircraft (LCA) ‘Tejas’ when he co-piloted a trainer version of the aircraft on Saturday. The sortie was in the twin-seater trainer variant which is being operated by the IAF and the navy.

NCLT), ToI reported on November 25. According to the report, the government is looking to execute a massive expansion of the body by adding up to 100 members to it. At present, the sanctioned strength of the NCLT is 63. However, with the govt often slow in appointing new members, there are always vacancies in the body, hindering its functioning.

Hardeep Singh Nijjar on Canadian soil was not fully concluded. Urging Canada to release evidence to back up its allegation in connection with the killing, the Indian envoy maintained that New Delhi would look into anything «very specific and relevant» is communicated to them to back up Justin Trudeau's allegations. In an interview with CTV news channel, the high commissioner was asked about the allegations raised by Canadian Prime Minister Trudeau of possible Indian government's involvement in Nijjar's killing. Responding to this, Verma said, «There are two points on that. One is that, even without the investigation being concluded, India was convicted.

Godrej Industries Ltd for ₹300 crore. Currently, Nature’s Basket operates 32 stores as an upmarket food retailer. In contrast, Artisan Pantry will be more luxe, offering imported wines, a diverse range of cheese, a dedicated section for artisan chocolates, honey, gourmet fruits, and vegetables such as Yuzu Lemon, multicolored corn, Japanese Apple Fuji, and more.

social media and internet intermediaries to “align” the terms of service on their platforms within the next seven days to alert users about the consequences of creating, uploading and sharing prohibited information including deep fake content or child sexual abuse material (CSAM), a senior government official said on Friday. Intermediaries have to “explicitly” warn users that they cannot “host, display, upload, modify, publish, transmit, store, update or share” any content that belongs to someone else, is defamatory, obscene, pornographic, paedophilic or invasive of another user’s privacy.

group of ministers (GoM) formed to deliberate on issues related to regulating online gaming is likely to hold its first meeting on December 15, said people with knowledge of the matter. While the GoM has conducted “a couple of informal meetings” so far, the first official meeting is likely to set the tone for the process of regulating online gaming, with a specific focus on how to effectively tax the sector and avoid “any illegal gambling or betting, especially from off-shore players”, said one of the persons, who did not wish to be identified.

Writer is Union minister of state for entrepreneurship, skill development, electronics & technologyAfter several decades of r

Shoppers hunting for big deals packed malls on Black Friday as retailers stepped up discounts and other perks to lure customers weighed down by inflation and sticking to tighter budgets

By Siddharth Cavale, Helen Reid and Arriana McLymore

semiconductors that covers cooperation in areas such as research and innovation, talent development, partnerships and exchange of market information, the external affairs ministry said. The MoU was signed ahead of the India-EU Trade and Technology Council that was held virtually on Friday.

semiconductors to build robust supply chains. The MoU — signed by Ashwini Vaishnaw, Minister of Electronics and IT, and Thierry Breton, European Commissioner for Internal Market — covers cooperation in areas like research and innovation, talent development, partnerships and exchange of information. This symbolises the strong commitment to work towards building robust semiconductor supply chains and work together on innovation, said the MEA.

'Amaterasu' after the sun goddess in Japanese mythology, it is one of the highest-energy cosmic rays ever detected.

By Ankika Biswas and Bansari Mayur Kamdar